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S03774 Summary:

BILL NOS03774
 
SAME ASNo Same As
 
SPONSORCOMRIE
 
COSPNSR
 
MLTSPNSR
 
Amd §1402, Ab Prop L; amd §103, St Tech L
 
Relates to the publication by the state of the receipt of unclaimed funds.
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S03774 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          3774
 
                               2025-2026 Regular Sessions
 
                    IN SENATE
 
                                    January 29, 2025
                                       ___________
 
        Introduced  by  Sen.  COMRIE -- read twice and ordered printed, and when
          printed to be committed to the Committee on Finance
 
        AN ACT to amend the abandoned property law and the state technology law,
          in relation to unclaimed funds
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section 1. Paragraph (b) of subdivision 1 of section 1402 of the aban-
     2  doned  property  law is relettered paragraph (c) and a new paragraph (b)
     3  is added to read as follows:
     4    (b) In addition to the list required by paragraph (a) of this subdivi-
     5  sion, each September and March, the state comptroller shall publish in a
     6  newspaper, as provided by section one thousand four hundred ten of  this
     7  article,  a  statement  of  abandoned  property  paid to and held by the
     8  state, for the respective annual periods June  first,  through  November
     9  thirtieth  and December first, through May thirty-first.  Each and every
    10  time the comptroller publishes such a statement, such comptroller  shall
    11  include  a  notice  that  readers  may  obtain a large print copy of the
    12  unclaimed funds list by writing  the  comptroller's  office  or  have  a
    13  search  conducted  for  them by calling a designated number. This notice
    14  must appear in typeface and font-size established by the New York  state
    15  office  for  technology  to assist the visually impaired and include the
    16  phone number and mailing address to the New York  state  office  of  the
    17  state comptroller, office of unclaimed funds.
    18    §  2.  Section  103 of the state technology law is amended by adding a
    19  new subdivision 26 to read as follows:
    20    26. To consult with the commission on the  blind  and  visually  hand-
    21  icapped to develop and maintain accessibility standards for typeface and
    22  font size to assist the visually impaired.
    23    §  3.  This  act  shall take effect on the sixtieth day after it shall
    24  have become a law.
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD05327-01-5
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